The week in Italian startups - Issue #131

The Money

• Jobtech, a recruiting tech startup, 🇮🇹raised €6m in a round led by Oltre Impact and participated by Lumen Ventures.

• Académia.tv, a cooking video courses platform, 🇮🇹raised €1.3m from a syndicate of business angels.

• Didimora, a proptech startup, 🇮🇹raised €1m from StarTIP and Lio Factory.

• DoctorApp, a health-tech startup, 🇮🇹raised €400k from Zungri Capital.

• Blubrake, developer of an ABS brake for e-bikes, raised €10m in a venture debt round from the EIB.

M&A and other strategic moves

• Campari, LVMH's Moët Hennessy acquired 100% of Tannico.

• Aidexa, a neo-bank, signed a deal with Poste Italiane to distribute fast digital loans to Poste's SME customer base.

• Credimi is 🇮🇹looking for acquirers, after a reportedly rough 2022.

New funds

• Terna, the Italian company managing the energy grid, 🇮🇹launched Terna forward, a €50m corporate VC program.

Reading this week

• The Italian startup ecosystem 🇮🇹has already raised €2.1B in 2022, according to the Hi-Tech Startup Observatory of the School of Management of the Polytechnic of Milan.

• You probably already know about ChatGPT. And your Twitter feed has been probably flooded by people posting their experiments with it, but this one is definitely worth reading (if you are into Linux, that is).

Fundraising tracker

The fundraising tracker is updated weekly based on the news published in this newsletter. 

Ending Notes

Giacomo Mollo and I comment on the latest news every week: subscribe to our podcast on YouTube, Spotify, Apple Podcast, and other platforms to get additional insights on what is happening in the Italian ecosystem.

Have a great week,

N.